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CFTC bid to vacate order against Winklevoss’ crypto exchange ‘very unusual,’ ex-agency chief says

TazaPulseMay 28, 2026

Gemini Co-founders Tyler Winklevoss and Cameron Winklevoss attend the company’s IPO at the Nasdaq MarketSite in New York City, U.S., Sept. 12, 2025. Jeenah Moon | Reuters The move by the Commodity Futures Trading Commission to vacate a consent order against the cryptocurrency exchange company Gemini Trust is “very unusual,” a former CFTC chair told...

US key inflation rises to 3-year high as fuel, food costs squeeze households

TazaPulseMay 28, 2026

Inflation in the US accelerated in April to its highest level in three years, driven by rising fuel and food prices as the economic fallout from President Donald Trump’s Iran war continued to weigh on household budgets.Data released by the Commerce Department on Thursday showed that the personal consumption expenditures (PCE) index — the Federal...

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Snowflake stock surges 37% on AI frenzy, fueling software rally

TazaPulseMay 28, 2026

Software stocks popped on Thursday after Snowflake said it plans to spend $6 billion on compute from Amazon and topped earnings estimates on artificial intelligence momentum. Shares of the software maker surged 37% and headed for its best day ever. The company is expanding its use of Amazon’s in-house chips for AI. Along with the...

US stock markets today (May 28, 2026): Wall Street stays near record highs despite fresh jump in oil prices

TazaPulseMay 28, 2026

US stocks hovered near record levels on Thursday even as oil prices climbed again amid renewed tensions linked to the Iran conflict, with strong corporate earnings continuing to support investor sentiment.The S&P 500 slipped 0.1 per cent from its record high reached a day earlier, reported AP. The Dow Jones Industrial Average fell 219 points,...

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Trump weighs pulling immigration, customs in ‘sanctuary city’ airports

TazaPulseMay 28, 2026

Passengers at the international arrival gate of JFK Airport in New York on June 16, 2025. Charly Triballeau | Afp | Getty Images Groups representing the largest U.S. airlines and hotel chains slammed the Trump administration’s potential halt of customs and immigration processing at “sanctuary city” airports, warning such a move could have “devastating” consequences...

Centre plans coal gasification-based urea policy to cut gas import dependence

TazaPulseMay 28, 2026

The government is finalising a new policy to promote coal gasification-based urea manufacturing as part of efforts to reduce dependence on imported natural gas and boost self-reliance in fertiliser production, PTI reported.An official said the policy is expected to be ready within a month.“We are in the process of making our new policy for coal...

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Waymo opens Ojai robotaxis to some riders, aims to lower cost of fleet

TazaPulseMay 28, 2026

Waymo is starting to offer select customers rides in its new Ojai robotaxis, which are designed to work better in snowier conditions and are cheaper to manufacture than the company’s older fleet of cars. Rides will be available to some public passengers in San Francisco, Los Angeles and Phoenix, before opening up in San Diego,...

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New York passes Mamdani’s pied-a-terre tax. Who pays and how much

TazaPulseMay 28, 2026

The 220 Central Park South building, center, stands in New York, U.S., on Wednesday, Jan. 23, 2019. Just days after buying one of the most expensive residential properties in London, Citadel founder Ken Griffin set a U.S. record with the $238 million penthouse at 220 Central Park South. Jeenah Moon | Bloomberg | Getty Images...

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U.S. sanctions Iran’s Hormuz Strait agency, condemns missile launch at Kuwait

TazaPulseMay 28, 2026

US Treasury Secretary Scott Bessent speaks during a press briefing in the Brady Briefing Room at the White House in Washington, DC, on April 15, 2026. Brendan Smialowski | Afp | Getty Images The U.S. Treasury sanctioned Iran‘s “Persian Gulf Strait Authority,” the agency launched this month as Tehran works to exert control of transit...

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States have lost $1 billion due to prediction markets: Gaming association

TazaPulseMay 28, 2026

The American Gaming Association now estimates that states have missed out on more than $1 billion in tax revenue due to the rise of prediction markets. In an appearance on CNBC’s “Squawk Box” detailing the estimate, association president and CEO Bill Miller said that the lost money has consequences for communities due to the taxes...